Issuer:- Tata Motors Finance Limited
Type of Instrument: Unsecured, Rated, Listed, Redeemable, Subordinated Perpetual NCD
Rating: A by ICRA Ltd.
Face Value: Rs. 10,00,000/- per Debenture.
Tenure: Perpetual
Coupon Rate: 9.75% P.A
Coupon Frequency: Annually.
Coupon Step up:- 100 bps
Pay-in Date:- 11th November.
Price:- 100+AI